Newspaper Roundup: Yahoo; NYT; Tribune; Star-Ledger; NY Newsday/Cablevision
– *Yahoo* Newspaper Consortium: While Yahoo (NSDQ: YHOO) does not release the financials related to its Newspaper Consortium, but some of t… Read more »
More tribune Stories
Tribune’s Abrams On Creative Destruction: Using The Printed Page To Push Readers To The Web
By David Kaplan
In a long memo posted on Romenesko, Lee Abrams, the radio vet who joined Tribune Company in March as its first chief innovation officer, tak… Read more »
Updated: Tribune Editor Lipinski Resigns; Replaced By Kern; LAT Publisher Hiller Ousted
By Joseph Weisenthal
More changes at Zell-owned Tribune, which recently announced fresh job cuts… Ann Marie Lipinski, editor since early 2001, has announced he… Read more »
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More Tribune Cost Cutting: Trib Eliminates 80 Newsroom Jobs; Baltimore Sun Cuts Biz Section
By Joseph Weisenthal
More aggressive cost cutting at Tribune, which is doing everything in its power to avoid default… The flagship paper Chicago Tribune annou… Read more »
Tribune Gets $300 Million Loan To Pay Down Existing Debt
By Joseph Weisenthal
Getting some much-needed cash, Sam Zell’s Tribune has arranged a $300 million bank loan from Barclays, with the proceeds going towards debt… Read more »
Gannett Buying Out Rest Of ShopLocal From Tribune and McClatchy
By Rafat Ali
Gannett (NYSE: GCI), which has a big budget to do digital M&As, is buying out the rest of local sales info site ShopLocal, from the other pa… Read more »
LA Times Cuts 250 Jobs; 150 Cuts in Editorial Include Online
By Rafat Ali
The most troubled big newspaper in U.S. is cutting off 250 jobs, including an unprecedented 150 positions in editorial, to bring its expense… Read more »
Newspaper Roundup: Boston Globe; Palm Beach Post; Detroit Buyouts; Default Chart
By Joseph Weisenthal
– Boston Globe Sale?: Speculation about the Boston Globe’s future as a New York Times Company (NYSE: NYT) asset is about as persistent as Y… Read more »
Tribune’s Redesign Kicks Off With Orlando Sentinel
By David Kaplan
Tribune Co.’s Orlando Sentinel debuted on newsstands today in its stripped-down form. WSJ takes a look at the new layout — which incorporat… Read more »
Newspaper Roundup: Tribune Bankruptcy Speculation; Gannett, NYTCo May Numbers, Sun-Times
By Joseph Weisenthal
– Tribune: As industry economics deteriorate, speculation heightens that Sam Zell’s uber-leveraged Tribune Co. will be forced to file bankr… Read more »
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Industry Moves: Top Tribune Publishing Exec Scott Smith Retiring
By Joseph Weisenthal
Scott Smith, president of Tribune Publishing since 2005, is stepping down. In a memo (via Chicago Tribune) Smith told the company: “Sam, Ra… Read more »
Lauren Rich Fine On Tribune’s Changes And The Newspaper Industry
By Lauren Rich Fine
The Tribune announcement to measure journalists based on their productivity and move to a 50-50 ad-news ratio came midway through the Florid… Read more »
Tribune’s Lean Approach: Analysts Fret, But Neuharth Applauds
By David Kaplan
Analysts may be fretting over the new model newspaper outlined last week by Tribune CEO Sam Zell, but Al Neuharth, perhaps the last person w… Read more »
Not The Newspaper As You Know It: Tribune Plans Vast Changes, Cutting Pages, Jobs
By David Kaplan
The financial situation at the Tribune Co. is worse than we thought, Sam Zell, the company’s CEO, told investors during a conference call. S… Read more »
Tribune Weighs Sale Of Media Services Unit
By Joseph Weisenthal
Tribune may shed more baggage as it seeks to climb out from its enormous debt load. The privately-held company is weighing a sale of Tribune… Read more »
Updated: TiVo Partners With Chicago Tribune To Deliver Critic’s Picks; Will Offer Movies From Disney
By Joseph Weisenthal
TiVo (NSDQ: TIVO) has announced a partnership with the Chicago Tribune that will allow TiVo subscribers to automatically record the recommen… Read more »
It’s Official: Cablevision Confirms Newsday Acquisition; Acquiring 97 Percent For $632 Million
By Joseph Weisenthal
As expected, Cablevision (NYSE: CVC) has won the Newsday-stakes, and will acquire 97 percent of the Tribune-owned paper for $632 million. Tr… Read more »
Industry Moves: Aegis Media; Facebook; MTV; Tribune
– Aegis Media: Mainardo de Nardis has stepped down from his role as CEO and will be succeeded by Jerry Buhlmann, who also joins the board J… Read more »
Earnings: Tribune Q1 Revs Fall 7.8 Percent; Interactive Flat
By Joseph Weisenthal
For the benefit of its investors who aren’t named Sam Zell, Tribune announced Q1 revenue of $1.11 billion, a 7.8 percent decline from last y… Read more »
Industry Moves: Tribune Ups Broadcast/Interactive Head Randy Michaels To COO
By David Kaplan
After a chaotic six months at The Tribune Company’s interactive division, this may be a sign that things are settling down… Randy Michaels… Read more »
LATimes.com Projects $25 Million In ’08 Display Ad Revenue, Boosts Local Ad Efforts
By David Kaplan
Tribune’s LATimes.com expects to generate $25 million in display ad revenue this year, more than tripling the $6 million that area attracted… Read more »
Cablevision Ready To Pay $650 Million For Newsday: Report
By Joseph Weisenthal
Yesterday, reports had Cablevision (NYSE: CVC) making a joint bid, possibly with Jared Kushner, for Newsday, the Long Island-based paper. No… Read more »
Cablevision Ponders Joint Bid For Newsday; Possible Combo With Jared Kushner: Report
By Joseph Weisenthal
Don’t count on Newsday, the Tribune-owned Long Island paper, going to News Corp (NYSE: NWS). just yet. Not only is Zuckerman still in the hu… Read more »
Zuckerman Bids $580 Million For Newsday; Matches Murdoch
By Rafat Ali
Mort Zuckerman, the owner of the New York Daily News and U.S. News and World Report, has offered $580 million to acquire Newsday from Tribun… Read more »
Tribune Nears Sale Of Newsday To News Corp: Report
Looks like Rupert Murdoch may be on his way to some kind of odd New York trifecta … WSJ is reporting that parent News Corp is close to a $… Read more »
Tribune Previews Q1: Expect ‘Double-Digit’ Print Declines; Online Continues To Remain Positive
By David Kaplan
Details of The Tribune Company’s Q1 performance won’t be released until mid-May, but the media company sought to provide a general view of h… Read more »
Industry Moves: Tribune Taps Clear Channel’s Chase As Interactive President
By David Kaplan
After experiencing an executive shakeup earlier this year, The Tribune Company has hired Marc Chase, Clear Channel’s (NYSE: CCU) former SVP… Read more »
Tribune Could Default In ’09: Analyst
By Joseph Weisenthal
The massive debt load carried by Sam Zell-owned Tribune guarantees a paper-thin margin for error in its operations. Credit analyst David Nov… Read more »
Latest Report Adds Kushner To The List Of Potential Newsday Suitors
Add Jared Kushner, owner of the New York Observer, to the pool of potential suitors for Newsday, according to the Wall Street Journal. Those… Read more »
Zuckerman On Newsday Bidding: Daily News Synergies; Comes Down To Price; Murdoch Always Overpays
By Joseph Weisenthal
Flipped over to MSNBC for a quick morning politics fix and caught Mort Zuckerman, owner of the New York Daily News (among other holdings), t… Read more »
10-K Watch: Tribune: Newsday Numbers; Disposals Planned; Interactive Revs Up 12 Percent
By Joseph Weisenthal
Privately-held Tribune has filed its 10-K, a day after reports suggested that the company was shopping Newsday. Also yesterday, the company… Read more »
Newsday On The Block; Cablevision, News Corp. Interested: Reports
By Joseph Weisenthal
Tribune-owned Newsday, the Long Island-serving paper, is up for sale according to multiple reports. Both Cablevision (NYSE: CVC) (also based… Read more »
Earnings: Tribune Swings To Loss In Q4
By David Kaplan
Tribune Company posted a $78.8 million loss from continuing operations in Q4, compared to a profit of $239 the year before. For the full yea… Read more »
Industry Moves: Tribune Hires Innovation Officer; What About Motivation Officer?
By Rafat Ali
And it certainly needs all the help it can get on innovation, and that elusive thing, motivation: Tribune has hired radio veteran Lee Abrams… Read more »
Newspaper Roundup: NYTCo; Tribune; Scripps; LA Daily News
By David Kaplan
– NYTCo: The New York Times Company’s (NYSE: NYT) January revenues from continuing operations dropped 5.5 percent compared to the same mont… Read more »
The Quadrant Goes Collective: Newspaper Ad Alliance Picks Sides
By David Kaplan
We hear that NYC-based online ad network Collective Media has won a bid to power quadrantONE, the online newspaper advertising alliance back… Read more »
NYT-Gannett-Trib-Hearst Combine To Form Local Online Ad Sales Company quadrantONE
By Rafat Ali
This has been in works for a while as an alternative to the Yahoo (NSDQ: YHOO) newspaper consortium, as well as the Google-newspapers ad eff… Read more »
LA Times Names Stanton Editor; Staff Shake-Up Has Bellack And Barrett Heading Digital
By David Kaplan
With all the talk of job cuts at the Tribune Company and New York Times in the last two days, here’s something a little different: the Los A… Read more »
Tribune Eliminating 400-500 Employees; 2 Percent Of Workforce; 100 At Trib; 100-150 At LAT
By Joseph Weisenthal
In yet another bid to cut costs, Tribune Co. will be cutting between 400-500 jobs, or around 2 percent of its total workforce, reports LA Ti… Read more »
More Shakeup At Tribune: Interactive Head Replaced
By Rafat Ali
The shakeup of Tribune under Sam Zell continues: Tribune Interactive President Tim Landon has been replaced on an interim basis by Mark Soti… Read more »
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